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Central Bank: No money laundering sign ‘on any scale’

The Central Bank says “there is nothing” to suggest money laundering occurs “on any scale” in The Bahamas based on its analysis of currency circulation trends.

PM: VAT Rate to be lower than 15%

Prime Minister Perry Christie last night confirmed that Value-Added Tax (VAT) would be introduction at a lower rate than the initially proposed 15 per cent, with the implementation date also subject to potential change.

Gov’t ‘exhausts’ 95% of deficit projection

The Government used up 95 per cent of its projected 2015-2016 full-year deficit within the first five months, the Chamber’s chairman arguing this shows the Bahamas cannot escape its fiscal predicament via new taxes alone.

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'Mother' Pratt calls for Draconian measures to curb violence

URBAN Renewal Co-chair Cynthia “Mother” Pratt said yesterday that the government needs to pass “draconian laws” in order to effectively combat the incidents of violent crime and murder that plague the country.

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Crawfish season 'turning out to be the worst ever'

BAHAMIAN fishermen remain “extremely concerned” over potential clashes with Dominican poachers, while lamenting that the crawfish season to-date is “turning out to be the worst season ever”.Keith Carroll, the Bahamas Commercial Fishers Alliance’s (BC

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Rockets v Shockers tonight

THE Pyramid Food Rockets and the Real Deal Shockers are scheduled to square off tonight to determine who will go on to play in the Vince Ferguson divisional final in the New Providence Basketball Association.

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PM seeks to turn junkanoo into money earner for practitioners

JUNKANOO could bring a financial boost to Grand Bahama, said Prime Minister Perry Christie.

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Atlantis occupancies at 50% as virus bites

Atlantis yesterday revealed that normally-buoyant occupancy levels for the peak winter period have fallen to 50 percent as “tourism and commerce grinds to a halt” amid the coronavirus pandemic.A spokesperson for the Paradise Island-based mega resort

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Buddy Hield scores 18 in 89-83 loss to Grizzlies

MEMPHIS, Tenn. (AP) — JaMychal Green scored 21 points, Mike Conley added 20 and the Grizzlies beat the still-winless Pelicans.

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New Legend, New Susan Chase and Xena victorious

53RD ANNUAL LONG ISLAND REGATTA IN SALT POND

The 53rd annual Long Island Regatta was held over the weekend in Salt Pond, Long Island and was dubbed a tremendous success.

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BFS purchase by Sysco ‘best thing that can ever happen’

A leading retailer yesterday backed any potential acquisition of Bahamas Food Services (BFS) by the multi-billion dollar Texas-based giant, Sysco, as potentially “the best thing that ever happened to the food services industry in the Bahamas”.

Munnings reaches 1,000 career points, 800 rebounds

THE weekend featured milestones, career highs and several teams that got back into the win column for Bahamians in NCAA Division I basketball.

FIBA Centrobasket: Team Bahamas in win column

After improving in each of their first three games played, the Bahamas junior boys’ team finally got in the win column at the FIBA Under-15 Centrobasket Championships.

NESBITT EMERGES AS LEADER IN FIRST YEAR WITH NEW CLUB

AFTER several delays due to the COVID-19 pandemic, Brazil’s Novo Basquete Brasil finally opened its 2020-21 season and David Nesbitt has emerged as a leader in his first year with a new club.

The best gift of all: Repairing a broken heart

The best gift of all: Repairing a broken heart Under the theme, "Repairing a broken Heart...What a Gift", The Heart Ball Committee will host the 48th Annual Heart Ball on Saturday, February 18, at Sheraton Nassau Beach Resort. The event will be held under

The best gift of all: Repairing a broken heart

The best gift of all: Repairing a broken heart Under the theme, "Repairing a broken Heart...What a Gift", The Heart Ball Committee will host the 48th Annual Heart Ball on Saturday, February 18, at Sheraton Nassau Beach Resort. The event will be held under

The best gift of all: Repairing a broken heart

The best gift of all: Repairing a broken heart Under the theme, "Repairing a broken Heart...What a Gift", The Heart Ball Committee will host the 48th Annual Heart Ball on Saturday, February 18, at Sheraton Nassau Beach Resort. The event will be held under

Missing property taxes over $1/2bn

Almost $95 million in real property taxes went uncollected during the 2010-2011 fiscal year, taking the total sum outstanding to what the Auditor-General described as an “exorbitant” $541.886 million.

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Call for Caribbean to adopt HIV self-testing

ON the occasion of World AIDS Day, Caribbean AIDS response stakeholders are calling for countries in the region to adopt HIV self-testing.

Sports Notes

THE Bahamas Softball Federation will crown its new men and women champions this weekend as the National Round Robin Tournament is held at the Baillou Hills Sporting Complex.